ISTANBUL
The US economy added 147,000 jobs in June, more than market expectations, according to data from the Labor Department on Thursday.
The market expectation for nonfarm payrolls last month was set to show a gain of 111,000.
Job additions for May, meanwhile, were revised up by 5,000,
» Read more about: US economy adds 147,000 jobs in June, exceeding expectations »
Hiring in the US defied expectations with 147,000 jobs added in June, according to the latest figures.
The gain was much bigger than the 110,000 additions many analysts had predicted, with government and healthcare the sectors driving the rise.
The unemployment rate declined to 4.1%, down from 4.2% in May,
» Read more about: Surprise jump in US jobs as economy defies expectations »
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting Analyst Stock Ratings page.
There will be many winners as infrastructure is built to support the huge and increasing computing power needed for artificial intelligence (AI) applications. Nvidia continues to pave the way and has already been a huge beneficiary thanks to its leading advanced chips, software, and engagement with developers.
Nvidia’s revenue has soared from what was then a record $61 billion in fiscal 2024 to more than $130 billion in its fiscal year 2025,
Oil prices slipped after posting their strongest gain in nearly two weeks, as investors monitored ongoing US trade negotiations and an upcoming OPEC+ meeting this weekend.
Bloomberg reports:
Brent (BZ=F) traded near $69 a barrel after surging by 3% on Wednesday,
At the midpoint of the year, the S&P 500 is up around 6%. A few months ago, investors were bracing for the worst amid the threat of tariffs and trade wars. The sentiment improved significantly since then as there’s much more bullishness in the markets these days, and many stocks have been performing exceptionally well.
U.S. employers added 147,000 jobs in June as the American labor market continues to show surprising resilience despite uncertainty over President Donald Trump’s economic policies.
The unemployment rate ticked down 4.1% from 4.2% in May, the Labor Department said Thursday.
Hiring rose modestly from a revised 144,000 in May and beat economists’
Todd Villeneuve is managing partner at IFC National Marketing, a leading IMO for independent insurance agents and financial advisors.
You’re killing it, right? You meet prospects for breakfast, lunch, dinner and cocktails. You entertain and conduct business at concerts,
» Read more about: Four Ways To Invest In Yourself While Growing Your Business »
Survey reveals concerns around ‘weaponization’ of FX.
by Naomi Tajitsu and Jack Ryan
The “weaponization” of foreign exchange is posing a growing headache for central bank reserve managers, giving them more reason to boost their holdings of gold.
The share of managers who regard the geopolitical weaponization of FX reserves as an investment risk increased sharply to 49% in 2025 from 32% last year,
» Read more about: Central banks boost gold holdings amid FX concerns »
Stock futures are little changed Friday morning as investors await the highly anticipated release of monthly employment data that will factor into the Federal Reserve’s decision-making on interest rates.
Futures tied to the Dow Jones Industrial Average, S&P 500 and Nasdaq were each up 0.1% recently. The benchmark S&P 500 and the tech-heavy Nasdaq Composite closed at record highs on Wednesday for the third time in the last four days.
